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Mortgage crisis in USA - reasons and connections
Šulista, Jan ; Bič, Josef (advisor) ; Krč, Jakub (referee)
This thesis deals with the matter of mortgage crisis that spread over USA in recent years. First part of this work describes main causes of today's financial crisis, especially changes in legislation and financial derivatives. First chapter is also concerned with providing unsound mortgages, which became the main reason for later banking crisis. Second chapter analyses the matter of financial meltdown in US and problems of certain banks. It also describes weaknesses of financial system and its connection to mortgage backed securities. Final part compares today's crisis with the Great Depression and describes official response to the current crisis.

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